Lindab's AGM 7 May 2008 gave the board a mandate to decide, during the period until the next ordinary AGM, to repurchase and transfer own shares up to a maximum amount of SEK 400 m. However, the Company's holding of its own shares may not exceed 5 percent of all shares in the company at any one time.
The buy-back shall be used to adjust the Company's capital structure. The repurchased shares will be used for financing possible acquisitions, be utilised in connection with the supply of shares in exchange for issued options within the framework of a possible incentive programme, or the shares will be cancelled.
The share buy-back programme was completed on 10 December 2008.
Per 31 March 2010, Lindab holds 3,375,838 treasury shares (3,935,391),
equivalent to 4.3 percent (5.0) of the total number of Lindab shares. The share buy-back was completed in 2008. The decrease is due to the acquisition of IVK-Tuote Oy through Lindab treasury shares, in which 559,553 shares were transferred to the seller of the company. The number of outstanding shares has therefore increased to 75,331,982 (74,772,429). The total number of shares issued by Lindab remains at 78,707,820.